Weakley County, Tennessee Housing Market

In Weakley County, Tennessee, the median home value is $151,200, with a median monthly rent of $803. This places Weakley County at #2212 nationally out of 3134 counties by median home value, and #84 within Tennessee.

Median Home Value $151,200
Median Rent $803/mo
Owner Occupancy 66.3%
Price/Rent Ratio 15.7

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Weakley County rose +3.5% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

7,598
jobs (private sector)
  • Avg weekly wage: $825
  • Establishments: 578
  • BLS QCEW, 2025
🏗️

Housing Supply

71
new units authorized (2025)
  • Single-family: 71
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+666
net migration (filers, 2021-2022)
  • Inflow: 11,786 (avg $60,229)
  • Outflow: 11,120 (avg $61,225)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 1 active ZIP codes in Weakley County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 38225 273.4 +1.34% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Weakley County Compares

MetricWeakley CountyTennessee AverageU.S. Average
Median Home Value $151,200 $223,385 $227,706
Median Gross Rent $803 $892 $968
Owner Occupancy Rate 66.3% 74.1% 73.3%
Price/Rent Ratio 15.7 20.5 18.7

Market Analysis

The median home value in Weakley County is 32.3% below the Tennessee state average and 33.6% below the U.S. national average. The median rent of $803/month is 10.0% below the state average.

With a price-to-rent ratio of 15.7, the buy-vs-rent decision in Weakley County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Weakley County has an owner-occupancy rate of 66.3%, compared to 74.1% in Tennessee and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Parke County Indiana $151,200 $704
Hardin County Ohio $151,200 $793
Fairfield County South Carolina $151,200 $938
Hot Spring County Arkansas $151,100 $768
Ford County Kansas $151,100 $1,010

Other Counties in Tennessee

CountyMedian Home ValueMedian RentOwner Occ.
Haywood County $152,400 $762 60.7%
Benton County $153,600 $768 75.1%
Grundy County $154,000 $636 83.7%
Jackson County $155,500 $758 81.1%
Gibson County $156,900 $819 68.8%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).